Instant HR: ePAF and premium holiday reminders
Dear HR colleagues,
Please note the important reminders below on ePAFs and the upcoming health coverage premium holiday.
Premium holiday for health coverage
As you may know, the Commonwealth of Virginia state budget for 2019-2020 includes a premium holiday in October 2019. This means that VCU faculty, staff and former employees who participate in COVA, Kaiser, and Optima health plans will not pay any premium for October health coverage. This premium holiday for state plan participants applies to the October 16 and November 1 pay dates. Under normal circumstances, half of the monthly premium for October health coverage would be collected on each of these paychecks, however, participants who owe premiums for previous months may still see payroll deductions on October 16 and November 1 pay dates for balances due. Please keep in mind that the premium holiday does not apply to the TRICARE Supplement Plan.
ePAF reminder
When employees separate from the university or move to another position within or outside of the unit, HR associates must submit the appropriate termination ePAF to VCU Human Resources before the effective date. Timely employee separation helps to ensure proper internal controls as part of VCU’s Enterprise Risk Management Program, VCU’s Code of Conduct, and the state’s Agency Risk Management and Internal Control Standards (ARMICS). Refer to the separating checklists to document separation actions.
As always, thank you for your partnership and support.
All my best, Cathleen C. Burke Assistant Vice President for Human Resources Virginia Commonwealth University
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